I'm not a cryptography expert, I actually only have a little bit of experience using it at all. Anyways, the time has come where one of my applications demands that I have some encryption set up. Please note, the program won't be managing anything super critical that will be able to cause a lot of damage.
Anyways, I was just trying to see if this scheme that I'm using is common and if there are flaws (of which there may be completely stupid & horribly flawed design, that's why I'm asking).
Ok, I have a client -> server communication. The Client I can hard code in the public portion of a 2048-bit RSA key. When the client wants to initiate a secure connection, he sends his username, md5 hash of his password, and a hash of a random UUID, all of which has been encrypted against the server's Public Key. The server receives the information and decrypts using its private key. Checks the database to see if his login + pass work & if they do, create a new entry in the "Sessions" table in the DB. This includes a SessionID, UID (user ID), and the UUID hash. Using the corresponding session ID's UUID as the keyphrase, the server will then send back a message that has the Blowfish encrypted word "Success!" + a random UUID (this message is Digitally Signed so we can determine if it came from the server or not). From that point on, when the client sends info to the server, it will be with a plaintext sess_id & include a Blowfish encrypted message, using the corresponding Session ID's blowfish secret (stored encrypted in the DB) as the key to encrypt / decrypt.
Specifically, I am curious as to whether this system "should work" or if anyone notices that it's glaringly obvious that a vulnerability exists, such as MITM.